This deluge has lasted several years, but no one's complaining. It has been raining startups in India for the past 3-4 years and has swept away all divides. From bubbling graduates to brainy professionals, from salaried staffers to sparkling housewives, in metros and small towns, all are hopping on to the idea bandwagon. There seems to be no venture too wacky, no business plan too flaky to succeed. In fact, India ranks fifth in the world in terms of startups, with nearly 3,100 currently in operation.

News application News in Shorts will now allow users to receive content from videos, infographics, podcasts and blogs and enable content discovery on a wide range of topics. With this change, the Tiger Global-backed company has rebranded itself as "inshorts". The app, available on Android and iOS platforms, will allow existing users access this version through an update. The app, which offers condensed news from major publications and provides it in about 60...

MUMBAI: Mumbai-based crowd-funding platform Ketto today said it has raised $700,000 from a clutch of angel investors, led by Pradyumna Dalmia from Calcutta Angels and Sudhir Rao of The Chennai Angels, who is also co-founder of IndusAge Partners . The other investors in the round include Singapore angel network, Anupam Mittal of Shaadi.com , Indian Internet Fund, Letsventure, Intellecap Impact Investment Network (I3N),...

Every organisation evolves through various stages from its inception. And at every stage, funds are a crucial fuel. A company may still be in a conceptual stage, held up for the want of funds before taking off. Still another business may be functioning with the money pooled in by its founders but may require funds for its research and development activities. Only after research and development can prototypes be developed for marketing. This stage involves skilled manpower, time, and most...

NEW DELHI: Mumbai-based Rejuvenate Solutions , which owns and operates on-demand home services platform Zimmber, has raised about $2 million (Rs 12.8 crore) from a clutch of venture capital investors, a list that includes, IDG Ventures India, Omidyar Network , Sherpalo Ventures and Mohandas Pai. The announcement comes a month after Zimmber raised $400,000 (Rs 2.5 crore) from InMobi's core founding team, including CEO Naveen Tewari , and also at a time when the home...

MUMBAI: Mumbai-based crowd-funding platform Ketto today said it has raised $700,000 from a clutch of angel investors, led by Pradyumna Dalmia from Calcutta Angels and Sudhir Rao of The Chennai Angels, who is also co-founder of IndusAge Partners . The other investors in the round include Singapore angel network, Anupam Mittal of Shaadi.com , Indian Internet Fund, Letsventure, Intellecap Impact Investment Network (I3N),...

MUMBAI: With an aim to encourage entrepreneurship in the country by financing small start-ups, market regulator Sebi today notified new norms for angel investors, who provide funding to companies at their initial stages. Angel investors are allowed to be registered as Alternative Investment Funds (AIFs) -- a newly created class of pooled-in investment vehicles for real estate , private equity and hedge funds, a gazette notification said. In order to ensure investment by...

HYDERABAD: Live video-streaming app InstaLively has raised a round of angel funding led by the founder of People Group , Anupam Mittal . Other investors in the round include chief product officer of Snapdeal Anand Chandrasekaran and Uday Shankar , CEO of Star TV . Author and media personality Chetan Bhagat, who also participated in the deal, will advice the company on content creation and collaboration. This round of funding estimated to be between .'50 lakh...

BANGALORE: As more wealthy Indians veer towards the business of social good, they are pooling money and minds together in a model that mimics the country's leading angel investment networks. Around a dozen wealthy individuals have come together to form the Impact Circle, India's first specialised network of angel investors who will support fledgling social ventures. Amongst the members are senior corporate executives such as Anurag Jain , who led delivery services at Dell,...

Many of us have ideas, zeal and the commitment to be entrepreneurs. What we don't have is the money! But if every good idea had to be sacrificed on the altar of money then there would never be a start-up. Angel investors fill that gap, and invest in the ideas of others and help them in achieving their objectives. They, apart from investing money, provide assistance in the execution of the business plan, build a network of reliable and resourceful contacts...

BANGALORE: Angel investors who have preferred to watch over technology startups in India so far are now looking to include young companies from other sectors under their wings. As a rising tide of entrepreneurship spreads across the country, networks of investors are backing companies that provide clean technology, healthcare, food and education services. In some of the country's largest angel networks like Indian Angel Network as well as newer ones such as the...

HYDERABAD: Live video-streaming app InstaLively has raised a round of angel funding led by the founder of People Group , Anupam Mittal . Other investors in the round include chief product officer of Snapdeal Anand Chandrasekaran and Uday Shankar , CEO of Star TV . Author and media personality Chetan Bhagat, who also participated in the deal, will advice the company on content creation and collaboration. This round of funding estimated to be between .'50 lakh to...

MUMBAI: Angel investments -- initial capital provided to start-ups by affluent individuals -- made by five large groups in the country grew by 81 per cent to Rs 70.3 crore in 2014-15. The investments by five large angel groups were Rs 38.8 crore in 2013-14, says the 'India Angel Report'. Between April 2012 and March 2015, there were a total of 153 deals reported, for a total value of Rs 204.2 crore. The report covered investments done by five prominent angel...

NEW DELHI: The Indian Angel Network (IAN), the country's largest and oldest network of angel investors, has invested close to Rs 4 crore in Infinity Assurance Solutions, the prominent investor group announced on Thursday. The Rs 3.84 crore investment in the New Delhi-headquartered startup was led by IAN investor members Vishal Lalani, managing director of Indication Instruments, and Ajai Chowdhry , founder of domestic information technology services major...

HYDERABAD: Mobile focussed travel ticket planning app for railways, ConfirmTkt, has raised Rs 75 lakh in an angel round from Pravin Agarwala , cofounder of BetterPlace Safety Solutions, and an undisclosed investor. The Bengaluru-based startup uses analytics to predict the possibility of a waiting list ticket in IRCTC being confirmed based on historical trends. The startup, founded by ...

NEW DELHI: SnapLion.com, a platform which enables users to develop mobile applications, has raised undisclosed funding from venture funds, including Orios Venture Partners and India Internet Group , and Indian angel investors such as Google India head Rajan Anandan. Gibraltar-based SnapLion Global , which runs SnapLion.com, in a statement said that it has raised "an undisclosed round of funding from an all star syndicate of venture funds that includes Orios Venture...

BENGALURU: The close-knit community of Stanford Angels and Entrepreneurs is stepping out of Bay Area, into India. The country has about 400 Stanford University alumni, of whom 60 entrepreneurs and investors have come together to set up a domestic chapter. Among them are Sandeep Singhal, cofounder of Nexus Venture Partners; Harsha Raghavan, CEO of private equity firm Fairbridge Capital; Chaitra Chidanand of payments firm Simpl; and Satyen V Kothari, founder of Citrus Pay. "We...

This deluge has lasted several years, but no one's complaining. It has been raining startups in India for the past 3-4 years and has swept away all divides. From bubbling graduates to brainy professionals, from salaried staffers to sparkling housewives, in metros and small towns, all are hopping on to the idea bandwagon. There seems to be no venture too wacky, no business plan too flaky to succeed. In fact, India ranks fifth in the world in terms of startups, with nearly 3,100...